Factbox: What are the rules Airbus admits to breaking in U.S.?

Airbus says it has discovered and reported to U.S. authorities certain inaccuracies in past declarations to the State Department over the sale of defense goods and services under the International Traffic in Arms Regulations (ITAR).

ITAR is the official name for a 40-year-old set of rules governing the export of defense goods and data perceived to have implications for U.S. national security. read more »

'Hamilton' Ticket Ponzi Scheme Leads to Second Guilty Plea

A concert promoter admitted to his role in fleecing investors of more than $95 million in a Ponzi scheme where investors were told their funds were going to buy and resell blocks of tickets to popular concerts and musicals including the smash Broadway hit “Hamilton.”

Joseph Meli, 43, pleaded guilty Tuesday to one count of securities fraud in the ruse, which allegedly defrauded about 130 investors from 2015 to this year, prosecutors in New York said. Meli and another man, Steven Simmons, 48, of Wilton, Connecticut, were charged in January. Simmons pleaded guilty Monday to one count of conspiracy. read more »

U.S. states allege broad generic drug price-fixing collusion

A large group of U.S. states accused key players in the generic drug industry of a broad price-fixing conspiracy, moving on Tuesday to widen an earlier lawsuit to add many more drugmakers and medicines in an action that sent some company shares tumbling. read more »

New Jersey pastor sentenced to five years for bitcoin exchange scheme

A New Jersey pastor was sentenced to five years in prison for scheming to help an illegal bitcoin exchange escape scrutiny from banks and regulators.

The bitcoin exchange involved in the case, Coin.mx, was linked to an investigation of a data breach at JPMorgan Chase & Co, revealed in 2014, that exposed more than 83 million accounts. read more »